Saturday, June 5, 2021

WHY Is This Not In Any So Called "News"? Russia May Be Ready To Ditch The US Dollar And The Fallout Could Be Disastrous To America

 I am indeed doing a bit of 'catching up' here.... AND once again I want to turn my attention away from the horrific 'scam-demic' that continues to actually get worse by the day now as I am seeing reports that are now coming out about how many that have taken their KILL SHOTS into them are indeed now beginning to show the horrific adverse effects and even dying 'right on cue' just over 6 months after they took their lethal injections... I and others saw this coming, and we had warned everyone that this was going to be the cost of their ignorance.....

But at the moment, I have other 'fish to fry' and I was alerted the other day to a most interesting report that first came out a few days ago from 'Sputnik News' where apparently the Russian National Wealth Fund was going to basically 'ditch the US dollar' all together within the next month, and do ALL of its international trading in other currencies... Here is the link to that report here:

https://sputniknews.com/business/202106031083064725-russian-national-wealth-fund-to-decrease-share-of-dollar-to-zero-finance-minister-says/

OK, This is VERY important news, that once again strangely is NOT in any of the lying whore media outlets at all, that everyone should be made aware of..  And before I go into detail as to why this is most important for everyone, here is a report from the KITCO website at www.kitco.com, that also is asking the key question here about whether or not Russia is finally going ahead and will ditch the US dollar entirely.. Here is the link to that report here, and my thoughts and comments to follow:

https://www.kitco.com/news/2021-06-03/Russia-s-wealth-fund-to-ditch-all-U-S-dollar-assets-for-gold-euros-and-yuan-this-month.html

NTS Notes: THIS is absolutely one of the most important financial news of this year, and one that should have been in every major news outlet everywhere... But once again I found NOTHING at all up here in Canada about these reports..

And why is this so important?  Simply because thanks to the criminal "Bretton Woods" agreements made in 1944-1945 at the close of World War II, the world has been at the mercy of the US dollar for the last nearly 77 years and were forced for that entire time period to do nearly ALL international trade in US dollars only... 

And thus for the last 77 years the US dollar was indeed been the dominant factor in international trade.... But now with the Russians moving firmly away from the US dollar, I can guarantee that many other nations will probably follow suit and the results for the US will be devastating... It could lead to massive HYPER INFLATION as the US dollar could indeed become worthless overnight...

The only other saving grace for the US dollar over the last 4+ decades has been the fact that thanks to the criminal actions of Saudi Arabia, and forced on OPEC nations in 1973 thanks to the then fraud 'energy crisis', all trade in Petroleum products were made exclusively in US dollars as well.. .But even that is now beginning to wane as nations are open to trade in Petroleum in other currencies.... And with Russia opening the door for moving away from the US dollar, many of these nations may also follow Russia's lead and get rid of their US dollar reserves as well...

The net result will be devastating for the US government, for their entire debt based monetary ponzi scheme that they have fostered for decades has been kept afloat thanks to the US dollar dominance in International trade.. But apparently not any more, for Russia is basically saying no more to that burden..

So what will the US do when this happens?  In previous instances, especially back in 2013 when Iraq started their oil trade in EUROS, or more recently when Libya opened the door to a gold backed currency and moving away from the US dollar, their solution was WAR and invasions to force those nations back on the US dollar... But WAR with nuclear armed RUSSIA????  Are these sick freaks in Washington DC going to possibly consider that at their option?

Again, this is indeed one major event that everyone has missed... And the repercussions, especially to the already ailing US economy could indeed be devastating....

More to come

NTS

3 comments:

Unknown said...

It was only a matter of time. It had to
happen sooner or later.

Estragon said...

This isn't really new news. Russia has been doing this sort of thing for some time:
https://www.rt.com/russia/524212-de-dollarization-billion-drop/

The USD reduction noted in your link is apparently just an FX transfer internally between the Russian SWF and Russian central bank, with zero external FX effect. Even if done as an open market sale, a $40 billion sale in a roughly $200 TRILLION monthly turnover market is really just kind of a rounding error.

You'll probably be right about the USD not being a global reserve currency at some point. As with Sterling, and others before it, the odds are it will eventually happen. This particular event isn't it though.

Unknown said...

I have to agree, Estragon. B$40USD is just
chump change for the NYC Jewboys and their
step-n-fetch-it Caucasian goyim.